Riyadh – Mubasher: Saudi Arabia-based Fitaihi Holding Group has extended a non-binding memorandum of understanding (MoU) with the UAE’s Ithmar Capital Partners for a month to consider the possibility of establishing a joint venture (JV).

The deal will end on Tuesday, 11 December, according to Fitaihi’s statement to the Saudi Stock Exchange (Tadawul) on Monday.

By pm 1:09 pm Saudi time, Fitaihi Holding Group's stock remained stable at SAR 11.04.